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20130201
20130228
Search Results 0 to 12 of about 13 (some duplicates have been removed)
. >> reporter: china remains a major competitor for u.s. companies. our trade deficit with china hit a record $315 billion last year. separately, china reported it's exports grew 25% over a year ago, easily beating expectations. the robust growth was attributed to aggressive new lending by chinese banks. >> just a few months ago, the chinese economy was in contraction. we've seen really two or three months where we are seeing much stronger growth in china and that's increasing the demand for goods there. >> reporter: but analysts say the news from china may have been somewhat distorted by statistical quirks and the start of the chinese new year. looking at a few months of data shows the big story in china is one of moderate, but solid growth. >> they're not falng apart. growth is going to hold in the range of 7% to 8%. but this is not going to go back to 10% either. there's no signs of that. it looks like its a more permanent, but controllable slow down. >> reporter: china remains strong in assembling and processing goods like iphones that are then exported by foreign companies. when economis
in china with the consumer there who is kind of been pushed and pulled between stim lutz and pulling back the stimulus from beijing? >> that is an area that we do like. besides the long-term secular growth of rising wealth in china, we also now have a new leadership in place in china and that's given more confidence to the chinese consumer, and we think we're going to see continued growth in that parent of the global economy. >> tom: you've described this as a barbell approach. on one end the united states, on the other end you like china. that's leading you to technology. xlk is the ticker symbol. why do you like technology if you like the u.s. and china together? >> well, we like the technol sector for a number of reasons. first we do think you're going to see a pickup in global growth. tech companies are very linked to the global economy. a lot of the technology companies rely on corporate capital spend. so that's where we think we'll seen inflection point there. valuations for the tech sector are the lowest they've been since the mid-90s. the sector trades at a petraeu p/e level. ever
years of slow progression. and china is still growing, single-digit levels of growth. brazil is still growing, and russia is still growing. india, which is the fourth of the brick countries, should have a better track in 2014. >> susie: depending which country you're talking about, we've seen investors pouring a lot of money into international equity funds since january. so can they expect to get a good return on international investing in 2013? >> susie, it is going to come down to everybody's timeframe. we are a culture that wants it now. we've been through a lot of problems recently that make people very risk adverse. if you have the patience to sit through volatility, buying emerging markets is a good investment now. however, if you still feel burned by what happened in 2007 and 2008, and are worried that a 10% pullback or a 15% pullback would make you change your approach, be very careful and buying emerging markets. we've had a great run since november and i would counsel some caution. >> susie: you are advising your clients to put their money mostly in u.s. stocks over internat
Search Results 0 to 12 of about 13 (some duplicates have been removed)